606 Irwin St NEAtlantaGA30312
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Atlanta at 606 Irwin St NE, Atlanta, GA, 30312 offers $4,306/mo rent that, after a $3,519/mo payment. Total monthly income is $4,306/mo. Return on cash invested measures 19.71% in year one, and rental yield stands at 7.19% at a $719,000 entry. Equity gained on principal adds $4,640/yr while 5% annual appreciation compounds into $198,646 by year five. Five-year ROI records 101.6% and total cumulative return in cash reaches $240,329. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,306/mo property income versus a $3,519/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
3,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30312, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,811 (100%) |
| Owner Occupied HU | 4,639 (27.6%) |
| Renter Occupied HU | 10,841 (64.5%) |
| Vacant Housing Units | 1,331 ( 7.9%) |
| Median Home Value | $557,747 |
| Average Home Value | $592,268 |
Housing Distribution
Address Breakdown
Residential
16,523
Single Family
7,935
Multi-Family
8,588
Businesses
714
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